M1TT34 trade ideas
MARRIOTT - 2022, THE STRONG YEAR OF TOURISM INDUSTRY ?its been a while the tourism industry is suffering from travel restriction and border lockdown due to spread of Covid19 Virus. It seems there is still potential new regulation that may effect the airlines and tourism business before it really completely safe for everyone to travel. According to the previous forecast, the price was tumbled and endured on EMA 200 Monthly and eventually reaching the new resistance at 159 along with the optimism vaccine and global economic recovery. The pattern of inverted head & shoulder is potentially formed on the time frame monthly if the price had rejection on the current all time high and once there is false breakout on the new resistance, the price tend to do the major correction at time frame daily, till the major pattern is completed to do breakout at it's neckline. The optimism of vaccines brought a confidence to the airlines and tourism industry and for sure the new regulation from government related with the travel permission to cross the country border may effect the major correction on time frame daily and retesting support area on EMA 10 Monthly (120.0) or FR 38.2% monthly (102.6).
Once the pattern is completed, we expect a rally happen on the bull trend on time frame daily at key support 102.6. Will the price break the price at all time high ? and what will be the trigger ? will year 2022 the strongest year of tourism industry ? it seems everyone is ready to pack their luggage once everyone got vaccinated this year !!
Disclaimer ON!
$MAR continued breakoutSmaller cup and handle is fully broken out. Could form a larger one, but I think it is more likely to gap up through the channel as COVID reopenings continue.
Hotel cup and handle uptrendPosted previously that I thought the hotels would cup and handle leading to longterm growth into March/April.
The uptrend started on friday and all have started to active sequence their EMAs. I will work to create wave buy/sell points in the coming week to better understand price targets.
Are hotels gearing up for a bull run?Three major hotels all about to test resistance after a nice cup formation. Would love to see a handle as a possible buy in but I think $MAR earnings could be a catalyst for these stocks to move up or down.
$MAR – Indicator Bears vs Technical Bulls$MAR – Indicator Bears vs Technical Bulls
Look at all these indicators… H/S, the start of an inverse C/H, break down through rising wedge, gap to be filled…and testing this idea of a volume shelf at 120 (90 and 180 day chart) which interestingly seems to be on course to converge at the 200 day EMA.
Now look at the 1 week and 1 month technical oscillators and MA’s – all buy signals.
Crazy - very curious who will win.
“I’m not an expert but I have watched a lot of youtube videos.”
NASDAQ:MAR
MARRIOTT INTERNATIONAL Analysis DailyHey guys, MARRIOTT INTERNATIONAL is in a fake bearish push with a hammer candle and low buy volume traded. Looking at the TIMEFRAME M1 we can see a rebound in the VWAP with an attempt by buyers. So we have to slow down sellers, it goes towards its last low point to turn around. Great likelihood of testing the VWAP and breaking it in force at the same time a price breakout will be in progress. A consolidation zone will be tested then a breakout to come to join a new zone and pass on the top which is the last panic. After we see on TIMEFRAME H1 a bearish breaking gap but it cannot be filled for the moment. Not enough power to go and test the center of the median of ANDREWS PITCHFORK.
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LVS-0.47*MAR $MAR Marriott Intl vs. $LVS Las Vegas SandsQuantamental Tools for Proprietary and Retail Investors.
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Short 100 $LVS
Long 47 $MAR
Mean Reversion Time: 10 Trading Days
$mar liked by top gamblers!Here's another one for the history books. Trading at 246 times earnings during a pandemic. Holy bananas!
$MAR Bearish Swing Trade PlanGreen Line - Entry Target
Red Line - Exit Target
Pink Line - Stop-Loss
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MAR 11/27 I see a breakdown in price action and looking for a retake down to $112-$115 before next leg up. I just took a 11/27 120 put...
$MAR with a bullish outlook after earnings.$MAR is expected to have a bullish outlook after a Positive under reaction following its earnings, with price trading above the upper boundary of the projected PEAD Cone.
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Marriott bullish inclined defensive options - 18 Sep ExpiryRolling on my previous MAR trade that expired on the 28 Aug. I decided to continue with MAR as price on the 25 Aug seemed to be having trouble rising. RSI was also at a high band of 65. Overall, price seemed to be pretty predictable and not volatile at this point.
As my defensive trade is focused on picking off premium. I do not expect price to rise and as such, I structured a bullish inclined trade with a Max gain at strike 109.96 ($1677) and breakeven at 111.27. Hoping that my contracts can just expiry worthless.
If price ranges or goes bearish I will collect est. $1079
Sold 14 Calls @ 0.93, Strike 110
Bought 1 Call @ 2.13 Strike 104
BP block: 13k
MAR Trade Plan (8/31)-(9/18)Long
BTO MAR 110C (9/11) or (9/18)
-Bullish above @106
-Target @108.40
-Ideal Target @113.14-113.99
-SL @103
-Resistance @108.40, @113.14, @113.99
Short
BTO MAR 95P (9/11) or (9/18)
-Bearish under @103.20
-Target @101.20-40
-Ideal Target @100-99.90
-SL @105
-Support @101.20, @99.90, @99.00
Marriott bullish inclined defensive options - 28 Aug ExpiryThe hotel industry is one of the weaker sectors due to COVID-19. 8 Months deep into the pandemic price volatility has stabilised. With earnings recently over Implied volatility seems to have returned to the previous range. I don't think people will be rushing into this sector anytime soon.
This is perfect for my options strategy which does not do so well against price gaps or rapid movements.
after a few months of trading ETFs with this defensive strategy, I have decided to widen my opportunities. Trading stocks at key price points seems like a good extension. The goal is to incline my trade towards the direction of the key price point break. If it doesn't break, I still get to collect the spread.
This is a defensive trade. If price goes bullish, I have a chance to hit my max gain of est. $1668. But I must close the contract before it rises beyond my breakeven point where I will start losing.
If prices don't go my way (Bearish) or ranges I will collect est. $520
Sold 14 Calls @ 0.64, Strike 110
Bought 1 Call @ 3.70 Strike 98.5
BP block: 13k
ABC BullishPossible stop under 80.25
Possible Targets 2 139.5 to 156
Not a recommendation
Trade safely
MAR 134
So it had a down trend for a bit but was able to bounce at the 80 line and breakout. The gap was filled below that. The next gap is above. It is currently trading sideways. I’d watch a bounce at the top of the gap channel below (84.87). If it is able to pick up some momentum/volume I’d say the next stop is 99. Of course, anything can happen but pay attention to the bounces. NO bullish indications as of right now. Only thing that looks good is that it broke out of it’s downtrend channel.
